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Multicoin, Jump Crypto and Galaxy invest in SOL treasury firm Forward Industries all exceeding $100 million

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2025-09-11 15:09:35
Kyle Samani, Managing Partner of Multicoin Capital, today announced that he has successfully led a $1.65 billion PIPE funding round for Forward Industries. Multicoin Capital, Jump Crypto and Galaxy each committed more than $100 million. Kyle Samani personally invested an additional $25 million on top of Multicoin's commitment. In addition, Kyle Samani will serve as Chairperson of the Board of Directors of Forward Industries.
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